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  • Miami Market Report

    $717,893

    AVERAGE PRICE OF 13,458 HOMES

    $318,599

    AVERAGE PRICE OF 567 DISTRESSED HOMES

    $2,603,132

    AVERAGE PRICE OF 1,885 MULTI-MILLION DOLLAR HOMES

    $1,147,590

    AVERAGE PRICE OF 1,542 NEWLY BUILT HOMES

    $1,221,200

    AVERAGE PRICE OF 1,268 HOMES WITH A POOL

    $642,854

    AVERAGE PRICE OF 376 REDUCED PRICE HOMES

    Average Home

    Average Price $717,893
    Avg Bedrooms 2.19 beds
    Avg Bathrooms 2.06 baths

    Average Price by Bedrooms

    1 bedroom $336,863
    2 bedrooms $482,421
    3 bedrooms $634,376
    4 bedrooms $901,722
    5 bedrooms $1,489,012
    Miami Home Price Trends
      4/2019 3/2019 2/2019 1/2019 12/2018
    Total Listings 13,554 13,518 13,261 12,833 13,097
    Average Price $715,017 $713,288 $716,263 $724,844 $723,921
    Avg Price Change +0.24% -0.42% -1.20% +0.13% +1.65%
    Median Price $410,000 $410,000 $410,661 $415,153 $414,695
    Med Price Change 0.00% -0.16% -1.09% +0.11% +0.84%
    Avg Bedrooms 2.21 beds 2.21 beds 2.18 beds 2.17 beds 2.17 beds
    Avg Bathrooms 2.06 baths 2.06 baths 2.04 baths 2.04 baths 2.03 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Coral Gables 199 $1,323,995 141 days
    Felix Valera 102 $412,901 81 days
    Miami Killian 138 $574,008 73 days
    South Miami 139 $646,264 110 days
    Washington; Brooker T 193 $609,662 160 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 13,458 $717,893 160 days
    Distressed Homes 567 $318,599 124 days
    Multi-Million Dollar Homes 1,885 $2,603,132 199 days
    Newly Built Homes 1,542 $1,147,590 177 days
    Homes with a Pool 1,268 $1,221,200 127 days
    Reduced Price Homes 376 $642,854 118 days